PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: TigerPaw who wrote (38750)	9/21/2000 9:36:29 AM
From: ColtonGang	Read Replies (1) of 769667

NEW YORK (CNNfn) - Calling rising oil prices a "national crisis," Vice President Al Gore urged President Clinton Thursday to tap into the nation's strategic oil reserves in a bid to force down oil prices before winter. World oil prices, which soared to the highest level in 10 years this week, edged lower after Gore's remarks. In London, Brent crude oil for November delivery fell 64 cents to $33.10 a barrel. Gore also recommended instituting a permanent home heating oil reserve in the Northeast to be tapped when oil prices rise, $400 million in emergency funds to help low-income families, and a temporary $600 million tax credit for home heating oil companies to encourage them to increase their supplies. "We have to take action because American people are being taken advantage of in an unfair way," Gore said in prepared remarks. "OPEC needs to keep its promise, raise production and bring prices down on the world market." Republican presidential candidate George W. Bush's campaign criticized Gore's proposal, calling it an "election year political ploy" that could threaten national security. ..........HEY GEORGIE>>>>WHAT"S YOUR PLAN OR DO YOU FIRST HAVE TO TALK WITH DADDY?

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